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What's the use of a holding company for rental properties? Is it suppouse to reduce taxes? Reduce liability? Reduce management headache of "needing" multiple bank accounts?
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Any BPers have experience with this?Considering transferring a property with no debt into a single-member LLC in California. It will be structured as a capital contribution, so no value will be exchanged and tax basi...
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Will be purchasing commercial property and will have one employee at the start and hopefully will grow the number of employees in 2-3 years. I would like to do payroll as easy and quickly as possible. I know there are...
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Hi BP,I recently used tenantbackgroundsearch.com to complete my first background check on some recent applicants. I liked the site and the price ($60 for 2 tenants which included past address history, nationwide crimi...
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I'm having a hard time feeling confident on ALL of the costs that go into flipping (I'm currently looking for my first property). I'm going in with a cash offer, and will be using a realtor for the purchase - but am h...
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I have a 2 family home, with the units side by side, 14 rooms in all. A real gem of the block. The owner passed away, awhile ago and the tenant has just been living there. The property is becoming a hazardous eye sore...
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I am thinking about purchasing house 30k and the ARV is 60K needs 12k in repairs. Any idea what my closing cost would be and any other cost I need to know? Thanks Guys
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Was wondering if anyone works with bird dogs and if so how do you find them? If you are a birddog how did you get started?
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Hey Everyone!I wanted to know if someone could refer me to an investor friendly realtor who has experience with locating properties for flipping.Also if you guys and gals have any suggestions for locating properties f...
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The deal:2 bed 1 bath single (has small office that was previously being marketed as a bedroom). Small cottage. Roof complete tear off in 2014 along with new furnace and hot water tank. No basement or real attic. Clas...